VP, Wealth Risk & Operations

At FNBO, our employees are the heart of our storyand we're committed to their success! Please see below the details of this career opportunity and how it fits into our organization's success.

Summary of the Job:

We are seeking an experienced Vice President, Wealth Risk and Operations to lead first-line risk management, compliance oversight, and operational excellence for our Wealth Division. The ideal candidate will bring proven experience in Wealth risk and compliance, deep knowledge of the regulatory landscape, operational best practices and a transformative leadership style. This role encompasses three integrated oversight responsibilities:

• First-Line Risk Management - Independent risk oversight, assessment, and monitoring across all wealth activities
• Compliance Leadership - Comprehensive regulatory program management, policy implementation and examination collaboration
• Operations Leadership - Direct management of operational teams delivering client support and transaction processing

You will balance robust first-line risk management and compliance oversight with operational leadership in a highly regulated environment. This position requires a risk-focused leader with deep wealth management regulatory expertise who can simultaneously drive operational excellence through director-level teams while ensuring adherence to SEC, FINRA, OCC, and state trust regulations.

About This Role:

Key Responsibilities:

First-Line Risk Management and Oversight:

• Develop, implement, and monitor Key Risk Indicators (KRIs) and risk metrics
• Oversee testing, monitoring, risk assessments, and mitigation plans for the division
• Make independent decisions regarding risk acceptance within established governance frameworks

Risk Governance & Control Framework:

• Evaluate existing processes and direct activities to address control gaps using deep knowledge of common risks
• Anticipate, assess, monitor and report on risks to division leadership and enterprise risk management
• Design and implement risk management frameworks that support business growth while maintaining control standards

Compliance Leadership and Regulatory Management:

• Regulatory Compliance Oversight
• Serve as compliance leader for the Wealth division ensuring adherence to SEC RIA regulations, FINRA rules, OCC trust requirements, and state fiduciary regulations
• Implement and maintain comprehensive compliance programs across wealth business lines
• Serve as liaison with second line during examinations, inquiries, and ongoing regulatory relationships

Compliance Program Management:

• Develop and maintain division-wide compliance policies, procedures, and control frameworks
• Oversee compliance monitoring, testing, and surveillance programs across all operational areas
• Lead compliance training programs and ensure staff understanding of regulatory obligations

Operations Leadership and Team Management:

• Leadership and Operational Excellence & Transformation
• Manage direct reports overseeing Trust Operations, Investment Operations, Wealth Operations and other operational support functions
• Drive operational transformation through process redesign, automation, role clarification, technology enhancement and clear accountabilities
• Lead efforts to modernize operations using digital tools, best-in-class platforms, and workflow optimization
• Manage operational metrics including billing accuracy, trade processing timelines, client service delivery, and vendor performance
• Ensure operational processes appropriately support regulatory requirements and business objectives

Process & Performance Management:

• Oversee money movement processes, client onboarding workflows, and account maintenance procedures
• Implement operational controls that support compliance monitoring and risk management objectives
• Lead cross-functional operational initiatives spanning multiple business lines and support functions
• Drive continuous improvement initiatives and operational efficiency targets across all areas

Strategic Leadership & Advisory:

• Design and implement a centralized risk and operations model across the Wealth division
• Serve as a strategic advisor to division management and actively participate in business meetings, risk committees, and planning sessions
• Build trusted relationships with legal, audit, finance, enterprise risk, technology, and front-office leadership
• Translate division strategy into operational plans and execution
• Balance short-term operational needs with long-term strategic goals
• Contributes to enterprise-wide risk and operations strategy development by representing the Wealth division in bank-level forums
• Anticipate industry and regulatory trends to position the Wealth division for future success
• Manage operating budget, people, process design and technology to optimize results in the current operations
• Work closely with senior leaders to provide guidance on day-to-day processes and strategic initiatives to avoid compliance and reputational issues
• Represents the Wealth division in enterprise-level…